Broadening Horizons for “Financial Creditor” under IBC: A Deep Dive into China Development Bank v. Doha Bank Q.P.S.C. & Ors.
Introduction The Supreme Court of India, in its recent significant judgement in China Development Bank v. Doha Bank Q.P.S.C. & Ors1, meticulously dissects the nature of financial debt, particularly in the context of guarantees embedded within hypothecation deeds. This decision, emerging from the CIRP of Reliance Infratel Limited (RITL), brings much-needed clarity on how multi-party security arrangements are to be […]
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